420 South Real Road

Description
- Listed by DARREN CORREA • DRE #02066621 • Brokerage DRE #01923766 • LE INVESTMENT GROUP • 714-310-2840
Property Details for 420 South Real Road
Recent comparable sales
Median sold price
$235,000
Avg days on market
57
Sale-to-list ratio
97.8%
Bakersfield, CA
9 comparable properties found
Location
Sold By NONMEMBER MRML
Building Information for 420 South Real Road
Payment Calculator
$38,384 per month
30 year fixed, 6.55% Interest
$36,088
$2,296
$0
Property Information for 420 South Real Road
- Gross Income: $974,472
- Gross Scheduled Income: $974,472
- Net Operating Income: $622,859
- Financing: Seller Financing
- Operating Expense: $319,738
- Fuel Expense: $9,000
- Electric Expense: $9,000
- Insurance Expense: $39,910
- Professional Management Expense: $37,704
- Trash Expense: $9,000
- Water Sewer Expense: $9,000
- Total Expenses: $319,738
- Tax Tract Number: 28.25
- Tax Census Tract: 28.25
- CFD/Mello-Roos Fee: $17,133
- Tax Lot: 12
- Community Features: Suburban
- Laundry: Yes
- Laundry Features: Common Area
- Entry Location: 1
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Pool Heat: N/K
- Additional Parcels Description: 14924013002, 14924012009
- Lot Features: 21-25 Units/Acre
- Number Of Units: 64
- Land Lease: No
- Land Lease Type: Fee
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Parking Garage Spaces: 0
- Carport Spaces: 64
- Residential Styles: Res Income 2-4 Units
- Unit Type Units Total: 64
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $81,206
- Unit Type Total Rent: $81,206
- Unit Type Pro Forma: 87000
- Unit Type Type: 1
- Rent Controlled: Yes
- Number Of Buildings: 16
- Number Of Separate Electric Meters: 64
- Number Of Separate Gas Meters: 64
- Number Of Separate Water Meters: 1
Property History for 420 South Real Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Nov 21, 2025 | Sold CRMLS #IV25046270 | $7,100,000 | — |
| Nov 21, 2025 | Sold SDMLS #IV25046270 | $7,100,000 | — |
| Nov 21, 2025 | Sold CLAW #IV25046270MR | $7,100,000 | — |
| Sep 29, 2025 | Pending SDMLS #IV25046270 | — | |
| Sep 29, 2025 | Pending CLAW #IV25046270MR | — | |
| Sep 29, 2025 | Contingent SDMLS #IV25046270 | — | |
| Sep 29, 2025 | Contingent CLAW #IV25046270MR | — | |
| Sep 29, 2025 | Contingent CRMLS #IV25046270 | — | |
| Aug 4, 2025 | Price Change CLAW #IV25046270MR | $8,500,000 | — |
| Aug 4, 2025 | Price Change CRMLS #IV25046270 | $8,500,000 | — |
| Aug 3, 2025 | Price Change SDMLS #IV25046270 | $8,500,000 | — |
| May 28, 2025 | Price Change CLAW #IV25046270MR | $8,800,000 | — |
| May 28, 2025 | Price Change CRMLS #IV25046270 | $8,800,000 | — |
| Mar 3, 2025 | Listed (Active) SDMLS #IV25046270 | $9,500,000 | — |
| Mar 3, 2025 | Listed (Active) CLAW #IV25046270MR | $9,500,000 | — |
| Mar 3, 2025 | Listed (Active) CRMLS #IV25046270 | $9,500,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 11/21/2025 | Sold CRMLS #IV25046270 | $7,100,000 |
| 11/21/2025 | Sold SDMLS #IV25046270 | $7,100,000 |
| 11/21/2025 | Sold CLAW #IV25046270MR | $7,100,000 |
| 09/29/2025 | Pending SDMLS #IV25046270 | — |
| 09/29/2025 | Pending CLAW #IV25046270MR | — |
| 09/29/2025 | Contingent SDMLS #IV25046270 | — |
| 09/29/2025 | Contingent CLAW #IV25046270MR | — |
| 09/29/2025 | Contingent CRMLS #IV25046270 | — |
| 08/04/2025 | Price Change CLAW #IV25046270MR | $8,500,000 |
| 08/04/2025 | Price Change CRMLS #IV25046270 | $8,500,000 |
| 08/03/2025 | Price Change SDMLS #IV25046270 | $8,500,000 |
| 05/28/2025 | Price Change CLAW #IV25046270MR | $8,800,000 |
| 05/28/2025 | Price Change CRMLS #IV25046270 | $8,800,000 |
| 03/03/2025 | Listed (Active) SDMLS #IV25046270 | $9,500,000 |
| 03/03/2025 | Listed (Active) CLAW #IV25046270MR | $9,500,000 |
| 03/03/2025 | Listed (Active) CRMLS #IV25046270 | $9,500,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 420 South Real Road
Schools near 420 South Real Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Munsey Elementary School PublicK to 6 | ||
Curran Middle School Public6 to 8 | ||
West High School Public9 to 12 | ||
Kern Workforce 2000 Academy Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
New listings in 93309
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 420 South Real Road, Bakersfield, CA 93309 | $7,100,000 | 2 | 64 | 46,376 | 130,680 |
– | – | 3 | 2,292 | 9,709 | |
– | 4 | 2 | 1,464 | 8,101 | |
– | – | 1 | 2,385 | 10,501 | |
– | – | 2 | 3,084 | 13,207 | |
$62,000 | 3 | 1 | 1,068 | 7,517 | |
$160,000 | 3 | 1 | 1,040 | 8,119 | |
$300,000 | – | 4 | 3,084 | 12,928 | |
$126,000 | 3 | 1 | 1,458 | 8,046 | |
$85,000 | – | 2 | 1,542 | 9,200 | |
– | – | – | 10,080 | 18,294 | |
$59,950 | 3 | 1 | 1,068 | 7,615 | |
– | 2 | 1 | 858 | 7,353 |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of LE INVESTMENT GROUP
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.







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